Investment & finance
A fund managed by US investor Madison International Realty has bought a 65 pct stake in the newly completed Chmielna 89 office project in central Warsaw from Cavatina Holding.
Office & mixed-use development
Echo Investment has put into use the first stage of the West 4 Business Hub office complex in Wrocław.
Warehouse & industrial
Construction work has begun on Panattoni Park Bydgoszcz III, the first tenant of which is to be electronic equipment servicing company Reconext.
Events
The 15th Annual Eurobuild CEE Tennis Tournament endedin the best possible fashionfor Monika Żywiecka of Oakbridge Capital Advisors, with her victory in the women’s singles final.
Warehouse & industrial
The topping out ceremony has taken place for a 15,000 sqm BTS facility being developed by Panattoni for Phoenix Contact E-Mobility in Rzeszów.
Green projects
Polish company Scallier, which is developing the Funshop Park chain of retail parks in Romania, has opted to obtain BREEAM certification for all its new parks.
Investment & finance
Düsseldorf-based retail park developer Trei Real Estate has been granted an unsecured EUR 42 mln loan from German bank Helaba.
Events
Last year when he played for the first time at the Eurobuild tennis tournament he caused something of a sensation when he beat all his rivals. Even then, Krzysztof Stempień of Cresa fearlessly faced a strong field, many of whom were regular faces at the tournament, to turn the ranking table on its head.
Warehouse & industrial
Accolade has revealed that it is investing EUR 21.3 mln in Panattoni Park Szczecin Airport in Goleniów on the outskirts of the city
Office & mixed-use development
The Art Box Experience, the first fully interactive and digital art gallery in Poland, is to open in Norblin Factory in Warsaw.
Warehouse & industrial
DL Invest Group and DHL Supply Chain Polska are to jointly develop the DL Invest Park Psary logistics centre in Psary in Silesia.
Events
Two Polish developments are among the twelve winners at the MIPIM Awards 2020, which were presented in Paris on September 15th.
Office & mixed-use development
HB Reavis has topped off the lower building of its Forest development in Warsaw.
Office & mixed-use development
AFI Europe Romania has announced that it has leased 55 pct of AFI Park Brașov to Siemens and NTT Data Services.
Warehouse & industrial
A joint venture between Maersk and IB Cargo has leased 75,000 sqm in CTPark Bucharest West, which is to be used as a distribution centre for Ikea Supply AG.
Office & mixed-use development
Vodafone Hungary is to move its headquarters into the Budapest One business park in autumn 2022.
Investment & finance
More than EUR 400 mln worth of real estate transactions closed in Romania the last weeks, confirming both that the investment market in the country has remained vigorous during the pandemic and that it is no longer just seen as a fringe Central European market, according to Cushman & Wakefield Echinox.
Green projects
Warburg-HIH Invest Real Estate is to convert all the properties in its portfolio to green electricity and carbon neutral natural gas.
Property and Facility Management
Cushman & Wakefield has been appointed property manager of the Hamburk Business Centre in Plzeň following its recent change of ownership.
Warehouse & industrial
Globalway, one of the largest suppliers of products from the Far East and China, has leased 52,000 sqm in Panattoni Park Tricity East IV in Gdańsk.
The first Hyatt-branded hotel has opened in Bulgaria – the Hyatt Regency Sofia.
Hotel operators could take advantage of the trend for remote working and adapt their space for a ‘hybrid hospitality’ concept to generate an additional revenue, according to Colliers International.
In the first half of 2020 there was a marked increase in European hotel investors retreating to their home regions due to the uncertainty surrounding the pandemic, according to research by Cushman & Wakefield.
Accor has opened its first hotel in Galați on Romania’s eastern border – the Ibis Styles Dunărea Galați.
Polish hotel operator Orbis has decided not to re-open the Sofitel Wrocław Old Town after its closure due to the pandemic.
The first Citybox hotel in Estonia and outside Norway was opened on August 1st in the Porto Franco quarter of Tallinn’s passenger port area.
Globalworth has been preparing a hi-tech hotel complex for its office tenants in the Upground Tower residential building in Bucharest.
The first guests have checked into Suntago Village, a complex of 92 holiday bungalows that forms part of the Park of Poland leisure complex near Mszczonów, about 50 km southwest of Warsaw.
InterContinental Hotels Group has signed a franchised agreement with Dutch company Borealis Hotel Group to open the Holiday Inn Express Budapest City Centre.
The Danubius Hotel Erzsébet in Budapest city centre is to re-open after the pandemic lockdown on July 17th, followed by the Danubius Hotel Gellért on August 7th.
Accor has signed a management agreement with Alexandra Residence Design to open a 144-room Ibis hotel near the future Terminal 2 of Bucharest’s main Henri Coandă Airport by the end of 2022.
Radisson Hotel Group has announced the opening of the Radisson Blu Hotel, Sopot and the Radisson Hotel Szklarska Poręba
The Romanian hospitality market could return to an occupancy rate of 50–60 pct for recognised brands towards the end of the year, as long as the epidemic remains stabilised or improves, according to Colliers International.
ROMANIA Ibis Styles Bucharest City Center in the centre of Bucharest is to open on June 22nd.
Student housing operator Zeitraum has entered into a new partnership with the Anglo-American University in Prague (AAU) to provide accommodation with 120 beds for its students in the new academic year 2020/2021.
ESTONIA East Capital Real Estate has announced that the Hilton Tallinn Park Hotel is the first hotel in the country to have been awarded BREEAM-In-Use with a rating of ‘Very Good’.
WORLD Hotel group Accor is partnering with Axa to provide medical support for guests of the hotel chain.
HUNGARY The number of nights spent by foreign guests in Hungarian hotels and other commercial board slumped by 68 pct y-o-y in March, chiefly due to the pandemic, according to the latest figures from the Hungarian Central Statistical Office (KSH).
POLAND Polish hotel operator and developer Orbis is to buy a 595 sqm plot of land at ul. Worcella 6 in Kraków's old t willown for PLN 9.2 mln net.
WORLD One million jobs are being lost every day in the travel and tourism sector due to the sweeping effect of the coronavirus pandemic, according to the World Travel & Tourism Council (WTTC).
To the delight of some and in spite of all the doomsayers, you now have a copy of the September issue of Eurobuild in your hands – confirming that reports of our death have been gr ...
FeatureTo gauge the real impact of Covid-19 on Polish real estate, we spoke to a number of market players and analysts about how it was possible to get through the worst of the lockdown, ...
LegalThe pandemic may have prompted a slowdown in transactions for office and retail projects and brought hotel transactions to a virtual halt, but logistics and industrial remain dynam ...
Finnish studio ALA Architects has won the competition to design an extension to the Estonian Business School in Tallinn’s central Maakri district.
The Polish Military Aviation Works (WZL1) in partnership with Lockheed Martin has begun construction work on a 3,000 sqm production plant in Dęblin in ...
Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its ...
POLAND The sixth Torus Triathlon In Da House (TTIDH) took place in the Alchemia office complex in Gdańsk at the end of February.
POLAND Wildberries, the Russian online retailer that debuted on the Polish market in January, has revealed some of its initial Polish sales figures.
The aim of the Eurobuild Awards is to promote the key players of the real estate sector by recognising their achievements. Our long-term goal is also ...
Due to the fact we are currently moving our premises, which involves the relocation of our mail server, Eurobuild cannot be contacted via our usual e- ...
The 15th Annual Eurobuild CEE Tennis Tournament endedin the best possible fashionfor Monika Żywiecka of Oakbridge Capital Advisors, with her victory i ...
Polish company Scallier, which is developing the Funshop Park chain of retail parks in Romania, has opted to obtain BREEAM certification for all its n ...
The first Hyatt-branded hotel has opened in Bulgaria – the Hyatt Regency Sofia.
POLAND Reina Partners is the latest advisory to emerge on the Polish commercial real estate market.
Four applications have been made by companies to take on the project of renovating the Széchenyi Chain Bridge in central Budapest.
Cushman & Wakefield has completed the move of its Warsaw offices to The Warsaw Hub, which has just come into use.
A fund managed by US investor Madison International Realty has bought a 65 pct stake in the newly completed Chmielna 89 office project in central Wars ...
Echo Investment has put into use the first stage of the West 4 Business Hub office complex in Wrocław.
POLAND Local Heroes has opened its first fashion store of 81 sqm at ul. Mokotowska 49 in the Mokotowska Square building in Warsaw.
Cushman & Wakefield has been appointed property manager of the Hamburk Business Centre in Plzeň following its recent change of ownership.
Riga-based fund manager Eften Capital is to enter the residential rental market by establishing a new fund to invest in rental apartment buildings in ...
Cordia has acquired UK residential developer Blackswan Property in its first investment in the UK market.
Retail parks have been the biggest beneficiaries of the structural changes to the Polish retail market over the last decade and will continue to take ...
Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging European hotspots for data ce ...
Construction work has begun on Panattoni Park Bydgoszcz III, the first tenant of which is to be electronic equipment servicing company Reconext.
